Cha-Zee-ZESA

Cha-Zee-ZESA Updated 

Wheat with little resistance in the zone between 590 and 632 will likely rise 7%. Any escalation in Ukraine and maintained demand in Egypt will drive the demand up against supply. This will add an inflationary pressure on most markets and might be an uncontrolled pressure on the USD amongst many others, BUY!

Cha-Zee-ZESA

Gold is only going up for the moment. The channel it is following is now giving little room for significant pullbacks as breach of support lines will trigger some alarm bells against the long bull trend in 2024. So this ascend will take time forming an exponential curve cum parabolic shaping or plateau. Give it a week or 2 for BUYING!

Cha-Zee-ZESA

The TVC:GOLD price is likely to soon shoot up significantly in record time. Exponential curve forming and now the eye can see. As the regression trends show, a steep incline is likely to follow in the price movement. October XAUUSD options for +3k must soon be strongly in the money. Less significant retracements now. BUY!

Cha-Zee-ZESA

I see the FED going towards the ECB level to ensure the cost of capital for necessary business does not get much attraction from elsewhere. 50bps cut it is for me.

Cha-Zee-ZESA

CHFEUR will get its push from the expected fall in the AMEX:USD this week. The EUR holders will seek some safety here and this will tie in with an established pattern observed since May where the CHF against the EUR has been following a clear ascending channel as in the 2hr chart. Expectations are a confirmed bullish breakout at about 1.0687 as a start of a more...

Cha-Zee-ZESA

CHFEUR will get its push from the expected fall in the AMEX:USD this week. The EUR holders will seek some safety here and this will tie in with an established pattern observed since May where the CHF against the EUR has been following a clear ascending channel as in the 2hr chart. Expectations are a confirmed bullish breakout at about 1.0687 as a start of a more...

Cha-Zee-ZESA

With the MACD having just crossed above the signal line on TVC:GOLD daily chart, there is little chance of the week starting off with any strong selling direction. I am holding and entering Buy positions. I believe any meaningful retracement this week will be before Tuesday's Core Retail data and the market will look to position itself early in anticipation of...

Cha-Zee-ZESA

Once the momentum of the current sell-off wanes around $2500, I see more buyers back in the market to push XAUUSD to >$2530 today as it would have touched the Basis of the Bollinger Bands. Volatile day! - The reversion to mean is done and XAUUSD will be rising now despite the current session's pullback after non-farm payroll induced rise. - momentum will see the...

Cha-Zee-ZESA

The OANDA:XAUUSD trade remains bullish but currently faces resistance before the price can go up. The elements include: - potential overpricing-in of the composite driver forces of interest rate cuts, longstanding geopolitical risks and general economic malaise in the major economies. - technical indicators also giving little impetus for further buys at this...

Cha-Zee-ZESA Updated 

I am trusting the pattern that has emerged on the TVC:GOLD price hourly chart in a strong ascending channel indicating a high of $2,570 by Monday night. 3 phases have emerged over the past 2weeks after sustained strong price reversal days (8th and 16th August 2024). The price has been rising into a green phase where it fluctuates over 30-36hrs testing the...

Cha-Zee-ZESA Updated 

If we break above $2,500 again we might get to $2,510 before closing bell. There is a clear bullish parallel channel that has formed for nearly 3.5hrs now. Next week will be interesting. I wonder where open orders will be placed amongst you all. Happy weekend TVC:GOLD Buyers... and you sellers too.

Cha-Zee-ZESA

The lower resistance line of the ascending channel for XAUUSD TVC:GOLD has just been breached for the first time since the channel's establishment nearly 4hrs ago. Though still a bull market today,I think the price awaits NY session traders to pull it further upwards. I predicted today's high for Friday in the linked idea but now seems I underestimated the price...

Cha-Zee-ZESA

Since the 1st of April 2024, TVC:GOLD has formed a clear bullish channel with a highly probable eventful price action week to the few hours after FED Chairman Powell's speech on Friday. I believe a suggestion of an emergency FED rate cut outside schedule propels TVC:GOLD to between $2,525 and $2,540. This of course is dependent on the size of retracement in...

Cha-Zee-ZESA

Bearish Decline from June to August 2024 The AMEX:NG market has experienced a significant bearish trend, beginning from the high of $3.192 on 11 June 2024. This marked a crucial peak before prices entered into a pronounced downtrend. The decline intensified after 25 June 2024, following three failed attempts to breach the declining trendline. These failed...

Cha-Zee-ZESA

Wheat looks to have started an ascend following a channel towards 556.2.

Cha-Zee-ZESA

WANDISCO (WAND) is probably at the start of a bull run that could see a price increase to about 577GBX from current +400GBX level. Its downward channel trend has been broken out of in last 2 weeks and with further supporting fundamentals on the work won (contracts), earnings are going to be key especially from Mar-22 going onwards to sustain this. I have a low...